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The United State's Armageddon Deficit and Coming Fall.

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  • Los Angeles, CA
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    Many American people think the United States is in debt to the tune of over $16.8 trillion dollars only (This is the "national debt"). However, this amount only represents the face amount or principal amount of marketable and non-marketable securities currently outstanding.

    Marketable securities are investments that can be quickly sold in the secondary financial markets in large amounts for cash. Companies invest in these types of securities in order to preserve cash for unanticipated events. Investors use them to short-term invest in the financial markets. There are different types of securities, but all of them are traded, bought, or sold frequently, and this is a sign of liquidation.

    Non-Marketabe securities are any type of security that is difficult to buy or sell because it does not trade on a normal market or exchange. They trade over the counter or in private transactions. Finding business transactions for these types of securities are difficult, and in some cases these types of securities can't be resold due to regulations surrounding them.

    If you want to know more, read on your own.

    THE TOTAL U.S. DEFICIT IS $59.6 TRILLION DOLLARS-ARMAGEGGON STYLE ALL THE WAY! This includes Household, Business, state and local Governments, Financial Institutions, and the Federal Government itself. But, it doesn't include what has been carelessly called the "U.S.National Debt"

    And, for a sobering wake-up call, there is no so called "soaring" housing market, and will not be for a very long time-if ever at all. The U.s. Mortgage deficit is $12.9 trillion dollars! And, many vacant and foreclosed houses across America are now being bulldozed, because they have been sitting for so many years, that they have started to decay. And, the Arizona housing market is still 50 percent below its original market value a few years ago, and is still very unstable-just like a lot of states and towns markets are (all housing markets fluctuate before the fall). And, when many people do buy a damn house, they are soon devalued by the bank-but are expected to still pay the full amount of what they signed the contract for.

    The Federal reserve has been pumping money into the stock market for a long while now, and that's why we have been seeing this phony bull market-but the American economy is still on its death bed, and lingering on life support. However, the more money that the feds print, the higher inflation across America, and the less the dollar is worth across the world. And, when the phony stock market high finally hits it pinnacle point, it is absolutely going to crash, and so are markets all around the world. And, Economic markets across the U.S. will be grinding to a complete hault. Unemployment will rise beyond mind boggling levels, and mortgage defaults will soar to unprecendent numbers.

    And, presently, many countries around the world are in the process of dumping the U.S. dollar as their primary currency. Approximately 60 percent of countries use the dollar as their primary currency, but are now dumping it, because the U.S. can no longer even pay the principle on her massive deficits, and can't pay her world lenders back with anything of value. The dollar is already in massive decline around the world. Once the American dollar is no longer the world reserve currency, Americans will see gas prices soar literally overnight to $7 and $8 dollars a gallon or more. This is right around the corner, regardless if you want to believe it or not-and the imminent collapse of America goes along with this.

    Don't believe our lying news medias, because they have been told to keep you in the dark-seeing that our government can't do anything about what is absolutely coming. Read and learn for yourselves, because the open gates to world war three have already begun, and it's not going to be much longer before those of you who are blind/clueless finally will be forced to take your heads out of the sand, and see this true revelation.

    Read:

    http://www.munknee.com/shift-from-u-s-dollar-as-world-reserve-currency-underway...

    www.usdebtclock.org

    And, research on your own, because this mess is too big to talk fully here about it. But, you can start preparing for it now, or you can stick your head back into the sand, and pretend that everything is cum-by-yah. It really doesn't matter, because this is already happening, and is going to continue to happen until America collapses-and so is all of the lying about it.

    This has been Fifty plus years in the making-and this nation will never be the same after she falls.
  • Liberal Democrat
    Democrat
    Colorado Springs, CO
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    TwinkieX Wrote:
    And, presently, many countries around the world are in the process of dumping the U.S. dollar as their primary currency. Approximately 60 percent of countries use the dollar as their primary currency, but are now dumping it, because the U.S. can no longer even pay the principle on her massive deficits, and can't pay her world lenders back with anything of value. The dollar is already in massive decline around the world. Once the American dollar is no longer the world reserve currency, Americans will see gas prices soar literally overnight to $7 and $8 dollars a gallon or more. This is right around the corner, regardless if you want to believe it or not-and the imminent collapse of America goes along with this.

    Read:

    http://www.munknee.com/shift-from-u-s-dollar-as-world-reserve-currency-underway...

    www.usdebtclock.org

    And, research on your own, because this mess is too big to talk fully here about it. But, you can start preparing for it now, or you can stick your head back into the sand, and pretend that everything is cum-by-yah. It really doesn't matter, because this is already happening, and is going to continue to happen until America collapses-and so is all of the lying about it.

    This has been Fifty plus years in the making-and this nation will never be the same after she falls.
    TwinkieX --

    As you suggested, I clicked on the above link, and read the various articles one of which had the header:

    Is There a Viable Alternative to the Dollar as the Reserve Currency?

    An extract:

    "Dollar Alternative #1: The Japanese yen
    The economic problems of the U.S. pale in comparison to those of Japan…[which] has one of the highest debt loads in the world, approaching nearly 200 percent of GDP, which is more than twice what is projected in the U.S. If you don’t like the dollar for its fundamental economic challenges, you surely can’t like the yen.

    Dollar Alternative #2: The British pound
    The Brits are flooding their economy with billions of pounds. The UK economy is the most troubled and most volatile major, developed market economy…[which] makes the British pound perhaps the least desirable currency for global investors.

    Dollar Alternative #3: The euro
    The Eurozone has weaker growth and lower interest rate prospects than the U.S. so the euro falls short of the dollar on both comparisons. Indeed, in terms of purchasing power parity, the dollar should be 26 percent stronger against the euro based on fundamentals. Clearly the dollar wins over the euro … the second most widely-held global currency.

    In this era of globalization, economies around the world have proven to be highly correlated and highly interdependent so while the global economy is piecing together a tepid recovery, when looking for viable dollar alternatives among other major liquid currencies … there simply aren’t any.
    "

    I think there are more important things to get hyped up about than reserve currency status.
  • Other Party
    Nebraska
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    Schmidt I think you make excellent points about the worlds currency options. I tend to think that there are NO good options. The US dollar may still be the best of a bunch of bad options. Do you wonder why gold and other precious metals have soared in price the past few years?

    TwinkieX made a good point about our deficit that should not be dismissed. 17 trillion in federal government debt and growing every day is a fact and will definitely come back to bite us. Out of control borrowing and spending is as big a threat to the US as terrorism, and we are doing it to ourselves.

    The country of Greece, the city of Detroit, there are many examples...
  • Strongly Liberal
    Independent
    Seattle, WA
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    TwinkieX Wrote: THE TOTAL U.S. DEFICIT IS ... ARMAGEGGON STYLE ALL THE WAY!

    ... you can start preparing for it now, or you can stick your head back into the sand, and pretend that everything is cum-by-yah. It really doesn't matter, because this is already happening, and is going to continue to happen until America collapses-and so is all of the lying about it.

    This has been Fifty plus years in the making-and this nation will never be the same after she falls.
    .
    I think we all know what a shambles the American economy and most of the national economies are in.

    However, I think it's worthy of note that 40 percent of banks in the world that are publicly owned are in countries that escaped the 2008 banking crisis, as the state of North Dakota did. Unlike European and North American countries, those countries grew economically by 92 percent in the last decade, while European and North American economies have been plagued with problems and have been failing the majority of the people.

    But, that's not even why I'm posting a comment. I wanted so say this is not "ARMAGEGGON" or Armageddon.

    Oh, I realize that most people associate the words Armageddon and Apocalypse as synonymous, meaning the "end," and the word Armageddon is used in a generic sense referring to any ultimate destruction scenario.

    But actually, the world Amgageddon is used only once in the Bible, in the book of Revelation, and it's used symbolically not referring to any end of the world or anything like that, but as as a symbolic "place" where the spiritual forces of good fight the forces of evil and self-interest. And the book of Revelations says that a "new kingdom" shall be established and "last forever, never to be destroyed" just as it says in the book of Daniel.

    Similarly, the term Apocalypse does mean anything destructive. The Apocalypse actually refers to "the revelation at the end of the age."

    The point is that people should not listen to the preachers of doom and the skeptics who say the sky is falling. There is good reason for hope, and even for trust and faith that we, the people, will finally get our act together and FIX this mess.

    Mind you, I'm not saying that "Babylon" will not fall. It will. But the "fall" may merely be due to the fact that the people finally get fed up and establish government that is actually of the people, by the people, and for the people -- rather than of, by and for the rich.

    Whether or not we have come to the darkest point before the dawn, I don't know. But I know the dawn is coming.

    When the light of truth in the revelation, which is part of the promised judgment, is discovered and acknowledged by enough people in the world, things will change -- because it will liberate and empower the people. And the greedy, selfish, proud, militant fools whose foolishness has been destroying the world will be put in their place -- in the proverbial doghouse of disgrace and shame.

    Don't believe it? That's typical. Most don't. Yet.
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